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This question isn't actually for me. It's for my parents but if I can manage to help them out than it'll be of great help to me. So recently my parents came into some money. It's nothing crazy or life changing but it ...
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I’d like to buy my rentals with my LLC, but I told I can only use a commercial loan in that case. I was preapproved but I’m not sure how good the terms are and what to negotiate.
Does it makes sense to buy in the LL...
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Hello BP family,I have a potential rental unit that i am looking to purchase with cash from a bridge loan. I want to immediately refinance to a 30 year conventional. Is this possible within a month or so of purchase, ...
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what are some of the top questions to ask of a property manager? I've tried to go with the BBB rated, check the real estate boards, and check online for anything questionable but I still don't know if I'm missing some...
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Hi, my lender is quoting 11.8k in closing costs on a 106k conventional loan for a property in Baltimore County. This is just for closing costs + prepaids, excludes discount points. It seems insanely high. Does this s...
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I was speaking with the PM company I use to file my Failure to Pay Rent and Warrant of Restitution papers and she asked if I am getting the fees I pay her (the PM company) reimbursed by the tenant as "Additional Re...
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HI BP,I was thinking through a hypothetical late fee situation and wanted to get your input. Our lease agreement says that we charge a late fee if rent is past due. A tenant paid past that date and our late fee is app...
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I know that applicants who have a service animal are exempted from any no-pets policies and fees/extra charges.
However, what does the law say about emotional support animals? Are applicants who own them protected b...
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Hello everyone, I believe I found a potential first investment property deal in Columbia, SC that I would like to pick up, but I wanted to see if anyone has any Property Management companies in the area they recommend...
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Hey BP, Background: I'm trying to help my dad improve operations on his 8 unit appt complex in the West Adams area of Los Angeles, CA. He currently has 6 of 8 tenants on month to month (2 newest including one that mov...